Negotiations and what they turn to next. We heard earlier this morning from mr. Jeanclaude juncker that they reached an agreement with the u. K. They will be able to talk trade in the next couple of weeks. We still have the pound fluctuating. Maybe investors were expecting more of an impact. Are at their week where it they had quite a bounce where they had quite a bounce. I am looking at the ftse on the back of that brexit, not much of an impact. That could change. Today we talk markets and Bank Regulations with andrea ocho andrea orcel. Mcewan and with ross we also speak to roland rudd. It is quite fitting that we havent brexit show this friday. Lets get to Bloomberg Business flash. Nejra the u. S. Congress has passed a twoweek the first toisions on decisions on settle some larger issues on spending and legislation. At the same time they will be rushing to finish work on tax legislation before leaving washington for the tax holiday. Al franken says he will resign to in the turmoil to
Anna a very good morning, everybody. This is bloomberg daybreak europe. We have been in davos all week. We build with a crescendo towards donald trump speaking at the event. Haslinda amin is there. Haslinda good morning. The trump day. Be he is expected to deliver a keynote address at 2 00 p. M. Local time. What is the message . Nobody knows. It is likely a push for America First. About one year ago when he came to power, a lot of people were saying it could be a doomsday scenario, weighing on Global Growth. A year on, lots of optimism, and we are feeling it here. Plenty to talk about today. Final day in davos. Shortly, i will be talking to different guests. We will also bring you an exclusive interview with francois bill oreilly with francois velleroy. Villeroy. Ancois lets have a look at where we are in the markets. This is the asian equities session, down. 2 , losing a bit of ground. The Australian Market is closed. Australia day there appeared the Australian Dollar getting a little
Lets put it this way. It will be challenging and it will be rocky. Meaning there are contrasting orces. A very warm welcome everybody todaybreak europe. Im anna edwards. Im matt miller here in berlin. Back in berlin after a week in frankfurt. D in speak about v. W. But for the moment lets start with equity markets and investors need to be protected against drop in equity markets. There was a Strong Performance yesterday in the u. S. All three major stock indexes closed at record highs in the United States yesterday. This is important. Have you taken out protection against a sharp fall in markets . The number of investors taking protection increased the most in 14 months. In early september, around the time we saw the north Korea Nuclear tests. The most powerful nuclear test wes have seen from north korea. Hat has focused minds on being a tail risk to be concerned about. Investors had more underweight in u. S. Stocks than in 10 years which i think is a massive signal to the market. Take
The russell 2000 continuing its outperformance, it had been lagging, it had a big start postelection and came down. Or the past few sessions, it has been doing better than the majors in terms of the percentage gains. The dow slightly in the green, very slightly. The s p and nasdaq trading a little bit lower. We have been watching oil prices. Inventories data this morning, that showed that a larger than estimated built in crude Oil Inventory at a big drawdown and gasoline and distal inventory in the wake of Hurricane Irma and the recovery from hurricane harvey. That was a bit of a surprise. Oil went up. Still hanging onto a gain of 1. 7 and holding about 49 per barrel. That means strength in the oil industry. And oil stocks with energy the best performing group in the s p 500 and some of the gains we are watching, apache, conoco phillips, in terms of the exploration and production companies. Outside of the world as stocks, watching bitcoin. Jamie dimon got attention yesterday for a tras
This is bloomberg surveillance and im Francine Lacqua in london. We are just getting some breaking news from the oil markets. Its 2017 lifting growth demand estimate to the strongest in two years. This is significant because we heard, i guess from insiders that opec, along with its allies, are also said to be discussing expanding cuts by more than three months. What does that mean for oil . The iaea says the strongest Global Oil Demand growth in two years. Brent, 54. 32. We will be speaking, right here on surveillance. In the meantime, it is time for you data check. We saw gains over the last couple days. These stocks are definitely rallying. Treasury yields are declining. The dollar snapping a two day advance. I will show you crude and the pounds, ahead of the u. K. Jobs data at 9 30. Reporter apple has unveiled its 1000 iphone, which features of rented reality and facial Recognition Technology. The company also rolled out an updated apple watch and tv box. The product announcements w